Construction is undertaken as a business venture to make profit and generate wealth. This wealth is generated from earnings on cost expenditures on construction activities. The cost has to be well planned and managed in order to generate sufficient returns on the investments.
- To provide the student with a clear understanding of construction costs for proper planning and management
- To equip the student with pricing and cost planning techniques used in construction
- To highlight advances in cost management research for the construction industry
|CMG 2201 Cost Engineering